The Flux of CO₂ into and Out of Its Atmospheric

question 109

Essay

The flux of CO₂ into and out of its atmospheric compartment is not balanced;more CO₂ is entering the pool than is leaving it.This means that the overall size of the CO₂ pool in the atmosphere is _______.

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Definitions:

Substitution

The economic concept whereby consumers replace costlier items with less expensive alternatives, or firms switch between inputs to minimize costs.

Indifference Curves

A graph showing different bundles of goods between which a consumer is indifferent, representing equal levels of utility.

Income Effect

Adjustments in the financial earnings of an individual or an economy and the corresponding effect on the quantity of goods or services demanded.

Indifference Curve

A graph showing different combinations of two goods that give a consumer equal satisfaction and utility.